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Unannotated Code of Maryland (Last Updated: May 16, 2014) |
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STATE FINANCE AND PROCUREMENT |
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DIVISION I. STATE FINANCE |
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TITLE 10. BOARD OF PUBLIC WORKS -- MISCELLANEOUS PROVISIONS |
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SUBTITLE 3. SALE AND TRANSFER OF PROPERTY |
§ 10-307. Transfer of geothermal resources on State-owned property
Latest version.
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(a) "Geothermal resources" defined. -- In this section, "geothermal resources" has the meaning stated in § 5-601 of the Environment Article.
(b) Permitted; conditions. -- Subject to any conditions the Board and the Department of Natural Resources impose, geothermal resources located on real property owned by the State may be sold, leased, transferred, exchanged, granted, or otherwise disposed of to any person for a consideration the Board decides is adequate.